3 ms·
> Sure it's a lot to me and you (and her) but its less important to fb than a $1 is to you. That is almost surely wrong, even after taking into account the dec
by sokoloff 3y ago
> Sure it's a lot to me and you (and her) but its less important to fb than a $1 is to you.
That is almost surely wrong, even after taking into account the declining marginal utility of money. FB's net income for 2022 was $23.1B. $1M is 1 part in 23100 for them.
$1 for most any SWE in the US is ~4-20x less concentrated when compared by annual income.